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Sony is reportedly preparing to introduce a lower-price PS3 bundle containing a 320GB PS3, Move controller, Eye camera, DualShock controller, and a game for just $399.

Now if you don't need the 320GB edition, Microsoft will be selling the same bundle except with a 120GB version for just $349.  If you would just like the Move controller, it is only $49 while buying it with the Eye and a game cost $99.